www.brotherhoodmutual.com

Financial Results

Recap of the previous two years' results

Admitted Assets
2015
2014
Bonds (Amortized Value)
$172,381,664
$156,213,386
Stocks (Market Value)
$125,981,439
$126,517,214
Cash & Short-term Investments
$59,687,791
$20,948,459
Premium Balances Receivable
$125,082,876
$115,988,770
Real Estate
$26,010,710
$26,594,236
Other Assets
$32,891,608
$23,469,953
Total Admitted Assets
$542,036,088
$469,732,018
Liabilities & Security Fund
Reserve for Losses
$86,985,800 
$77,097,531
Reserve for Loss Adjustment Expenses
$22,785,745
$21,808,120
Reserve for Unearned Premiums
$153,988,084
$141,331,832
Reserve for Other Expenses
$49,210,749
$40,143,959
Total Liabilities
$312,970,378
$280,381,442
Policyholders' Security Fund
$229,065,710
$189,350,576
Total Liabilities & Security Fund
$542,036,088
$469,732,018
Statement of Income
Premiums Earned
$292,246,452
$261,962,175
Losses and Loss Expenses Incurred
($178,153,177)
($173,498,752)
Underwriting Expenses Incurred
($98,645,576)
($85,739,677)
Net Underwriting Gain
$15,447,699
$2,723,746
Net Investment Gain
$9,399,071
$10,656,236
Other Income
$628,179
$1,069,171
Dividends to Policyholders
($4,094,943)
($3,399,108)
Federal Income Taxes
($2,317,026)
($1,046,587)
Net Income
$19,062,980
$10,003,458